Technavio’s analysts forecast the global CMOS image sensor market to grow at a CAGR of 12.40% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global CMOS image sensor market for 2017-2021. To calculate the market size, the report considers the revenue generated exclusively from the sales of CMOS image sensors (BSI and FSI CMOS image sensors) are considered. The key vendors of CMOS image sensors are listed in the report.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global CMOS Image Sensor Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Amalgamation of CMOS and CCD sensors. In the camera industry, there is a high demand for image sensors that combine the features of CMOS and CCD sensors. IMEC, a Belgian nanoelectronics research center, offers a prototype that integrates the features of CCD image sensors, such as superior performance in low light and production of low noise, with the low power consumption and fast readouts of CMOS image sensors. The product was developed by embedding CCD in CMOS time delay integration (TDI) image sensor. A TDI imager is used to synchronize the linear motion of a scene with multiple samplings of the same object to increase the signal-to-noise ratio.”

According to the report, one of the major drivers for this market is Increasing dependence of automotive sector on semiconductor components. Automation in automobiles has led to an increase in the demand for semiconductor components. Semiconductor integrated circuits (ICs) are used in automotive anti-lock braking systems, airbags, power doors and windows, global positioning system (GPS), car navigation and display, and advanced driver assistance systems (ADAS). The demand for automotive products is likely to increase owing to the rise in car production during the forecast period. This will drive the demand for advanced, power-saving, and reliable semiconductor devices.

Further, the report states that one of the major factors hindering the growth of this market is High capital investments. High capital investments pose a serious challenge to market growth. Rapid advances in technology have led to the emergence of sophisticated electronic goods that require a special type of image sensors, such as CMOS image sensors. To cater to the demand for such sensors, foundries require high capital investments to expand their production capacity and invest in R&D activities. However, some vendors are not capable of making high capital investments and find it risky to invest as profits are realized after a long period. Such vendors are often at a disadvantage compared with leading competitors that can invest heavily in R&D and the launch of innovative products.